I'm short Ericy

Quote from heilbronner:

@ 29.91. This company has a track record of disappointing earnings in it's history. P/E is about 130. IMHO ericy is totally crap. In addition totally overbought. Anyway, let's see what happens. With a P/E of about 130 there isn't much space for errors. Ericy management has a strong reputation for doing regular big mistakes. IMHO current upswing is just a fluke.

OOPS! Did you mean you were short @28.91? Looks like that was the low today. Man, that's gotta sting.

ERICY hasn't traded at 29.91 that I can see. Looks like it is hitting 52week highs right now. Not the best time to short IMO. Good luck.

Ericsson L M Tel Co (NASDAQ NM: ERICY)
29.68 +0.76 +2.63%
Data as of 3:02 PM ET 2/11/04
Chart: 1dy 5dy 1mo 6mo 1yr 5yr

Open High Low
29.38 29.80 28.91

Previous Close Bid / Size Ask / Size Dividend
28.92 29.66 x 400 29.67 x 300 n/a

Market Cap Shares Outstanding Price/Earnings Ratio
45.9 Billion* 1,547,603,968* 141.33

52-Week High 52-Week Low Today's Volume
29.38 5.20 6,172,650
 
Quote from pisspotpete:

OOPS! Did you mean you were short @28.91? Looks like that was the low today. Man, that's gotta sting.

ERICY hasn't traded at 29.91 that I can see. Looks like it is hitting 52week highs right now. Not the best time to short IMO. Good luck.

Ever heard about pre - market??

Ever heard about Ericy trading in Stockholm????

Please take a look at the time thread was posted.

Good luck.
 
Quote from pisspotpete:

OOPS! Looks like it is hitting 52week highs right now. Not the best time to short IMO. Good luck.



I don't agree with you. Take a look at SNDK or JCOM. They were also trading at all time high about 3 months ago. It depends on your style of trading and what you see.

Also good luck to you.
 
Quote from pisspotpete:

OOPS! Did you mean you were short @28.91? Looks like that was the low today. Man, that's gotta sting.

ERICY hasn't traded at 29.91 that I can see. Looks like it is hitting 52week highs right now. Not the best time to short IMO. Good luck.


29.38 5.20 6,172,650


Ericy @ 29.00 right now in pre- market action. Are you with me, pisspotpete???
Probably you won't see that quotes in your data. Probably you are still sleeping right now, which is OK for an US resident.
 
We have seen 28.90 right now. Already down some 2.9%. IMHO more downside within the day during US trading hours. Stockholm has shown some serious profit taking.
 
Trade done. In all there is a profit of 2.6%+ 4.2%, which results in a total gain of 3.4% in Ericy within 2 days.
Do you think this was luck?
:D
 
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